Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank (9192 Views)
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by slimpoppa(m): 11:48am On May 02, 2018 |
On paper. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by Papanwamaikpe: 11:48am On May 02, 2018 |
Daura state of mind |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by mikoy1(m): 11:48am On May 02, 2018 |
positivelord:Beg receive common sense small. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by StaffofOrayan(m): 11:48am On May 02, 2018 |
People be expecting miracles from Buhari hehehe Dude had no 4 year plan when he became president so nothing to judge him by Now he is asking for 4 more years with no manifesto and peeps be hailing him NO NORTHERNER CAN TAKE NIGERIA FORWARD, THEIR REGION IS PROOF ENOUGH, |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by nawtyme: 11:50am On May 02, 2018 |
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| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by SalamRushdie: 11:54am On May 02, 2018 |
CSTR1003:Such News always make front page at midnite to save our govt from embarrassment |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by SalamRushdie: 11:55am On May 02, 2018 |
positivelord:LMAO at idiotic pigs of world bank Buhariguy come and see ooo |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by Nobody: 11:56am On May 02, 2018 |
no thanks to the redundant sadist! the integrity-deficient /CLANISH cretin is a gross WASTE of my vote.... Can't wait to un-vote the air head. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by johngold20: 12:09pm On May 02, 2018 |
Dividend of visionless government that what people get when they prefer the truth to tribe,region religious and bigotry sentiment.I |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by PHIPEX(m): 12:14pm On May 02, 2018 |
Watch APC blame PDP that left power 3yrs ago. I still wonder why people believe that Buhari that didn't improve his personal economy for over 30yrs he left power will suddenly acquire the needed knowledge to improve Nigeria's economy. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by johngold20: 12:16pm On May 02, 2018 |
I wonder when our elites will tell us the truth and put the interest of the nation first. #TalbanGombe #RightmanRightchoice #Getyour Pvc #Dankwambo2019 I believe HE is the only candidate with pure and intellectual capabilities to govern us now going by his age and his exposure. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by mbos: 12:27pm On May 02, 2018 |
positivelord:AS A BMC STAFF YOU ARE GAINFULLY EMPLOYED HOPE INFLATION HAS NOT EATING UP YOUR LITTLE ALLOWANCE |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by Bennycollins: 12:35pm On May 02, 2018 |
'World Bank is corrupt' ![]() |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by bejeria101(m): 12:45pm On May 02, 2018 |
Zombies wont want to hear this,they are celebrating their dullard relic visit to the u.s. Bunch of cows! |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by ayo22(m): 12:50pm On May 02, 2018 |
Where is buhariguy, madridguy, etc...... come and defend our pay master oooo..... |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by Splashme: 12:57pm On May 02, 2018 |
KanwuliaExtra: |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by Ghostmode2two(m): 12:59pm On May 02, 2018 |
PMB will still claim the youths are lazy and that when they become farmers that is when they will be respected. Bundle of shit!! |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by qanda: 1:19pm On May 02, 2018 |
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| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by onunwa21(m): 1:53pm On May 02, 2018 |
Ask Rochas, Imo State governor. He's a contributor |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by BabaCommander: 2:23pm On May 02, 2018 |
Mogidi:And only president to be removed twice removed from office. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by Nobody: 2:35pm On May 02, 2018 |
lakesider:How so please? |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by pennyforthought: 2:35pm On May 02, 2018 |
I mean, would you expect anything different? Nigeria has a gdp growth rate of 1.9%. A population growth rate of 2.8%. Most of its growth comes from the oil and gas sector which requires minimal labor. Unemployment in Nigeria will increase year on year and the people will become poorer each year (Gdp increases by tiny amount, population increases by larger amount. The result is a smaller share for each person). The only viable solutions are to invest in Agriculture and Industry. Not in services. While every Nigerian seems to want to go into a service related business, only Industry or Agriculture expansion will create mass employment and their growth will spur the growth of the country's GDP thus making all Nigerians richer. Start by focusing on the things Nigeria can do well or has the potential to excel at. Start with textiles. Nigeria imports most of its textiles despite the north being viable for cotton production and textile mills being cheap to establish and require minimal knowledge to run. Produce enough textiles to satisfy domestic needs then export. Then move to cement manufacturing. Nigeria has limestone mines and can produce cement thanks to its rivers. It can use this cement for domestic construction and export to the rest of Africa. From there move onto solar. Nigeria has great solar capacity and can even sell power to nearby neighbors. In the meanwhile also create large scale farms jointly held by groups of Nigerians which can meet the countries food needs and then supply other African countries. Also set up tradesmen and apprenticeship programs to train non schooling Nigerians in skills they can use. Nigeria currently has 80 million people in extreme poverty. This is set to grow to 100 million by 2030 if a rapid turnabout does not come. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by Nobody: 2:52pm On May 02, 2018 |
Pennyforthought has some good thoughts. I had to do a research project on south Korea. South Korea was one of the poorest undeveloped countries in the world. They are now 11 in the world for prosperous countries and turned all that around in 1 generation. How?? Technology and exportation. From phones to car parts to computers. A country will not amass wealth and stay there if its imports are greater than its exports. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by pennyforthought: 3:16pm On May 02, 2018 |
hiawathia1981:Thank you and yes South Korea truly managed to change its economy around by focusing on export intensive and value addition industries. For instance much of its export wealth comes from integrated circuit chips that are difficult to manufacture and are needed in nearly all electronics. While Nigeria cannot rely on value added exports due to the three factors South Korea had which it does not 1) 100% literacy by 1960 with an excellent education system 2) Close partnerships with Japan and the U.S. 3) Large quantities or American investment However Nigeria has ample farmland and a large population. It can thus focus on industry and agriculture. It can start on a low skill basis running textile mills, cement manufacturing and crop cultivation. Use the revenues from these to invest in education and R& . As people become more intelligent and the know how improves, move onto second tier industries. Make clothes and export, create construction firms, process food and make oils and pellets. They all will earn higher revenues than the base materials. Slowly enter higher skilled industries as the revenue comes flooding in and end Nigeria's affliction of the Dutch Disease. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by Nobody: 3:32pm On May 02, 2018 |
Im sorry, What is R& ; please? |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by pennyforthought: 3:35pm On May 02, 2018 |
hiawathia1981:Research and Development. I was trying to write a capital d but it got changed to an Emoji. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by chinedu234(m): 3:46pm On May 02, 2018 |
FAST FORWARD. Agricultural products will go down in 2018 because of herdsmen activities and financial losses of practitioners in the recent past. We should expect further food scarcity,hunger and higher levels of anger and aggression within the socio political space. All these will happen because of the wrong directions of the federal and states governments. It is crucial to advice especially the youths to make more efforts at personal liberalization starting from impact on the next election. |
| Re: Nigeria’s Unemployment, Poverty Rates Increased In 2017 – World Bank by Nobody: 3:49pm On May 02, 2018 |
South Koreas literacy rate was only above 80% around the 1980s. It wasnt until after the South Korean war that education improved. Anything beyond 6th grade wasnt required. Then heavy investment from the governmment and citizens to push education was initiated. But you are right there is a correlation between education and a booming economy. I want to be careful im what i am saying, bc i am not saying that education is the only path to success. |
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